Find the maturity value of $1 at a compound interest rate of 9% over 4 periods

asked Dec 22, 2016 100k views

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find the maturity value of $1 at a compound interest rate of 9% over 4 periods. 14116

Ronnydw answered Dec 24, 2016

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Use the formula Pe^(rt)
Where p is the principal( starting) amount and e is the exponential function and rt is the time.

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